Disclaimer: Neither I nor my team are officially registered with SEBI as analysts. However, the insights we’re about to share are a result of our diligent analysis and collective expertise, aimed at enriching your knowledge about the market. While we strive to provide valuable information, it’s important to note that our views should complement rather than replace professional financial advice. So, before making any investment decisions, we highly recommend consulting with a certified financial advisor and conducting your own research. Your financial journey is a collaborative effort, and having all the right pieces in place ensures a successful outcome. Happy exploring!
Welcome back, traders! As we move into the second week of June 2024, we’re excited to present our top stock picks for short-term swing trading. Our recommendations are based on a thorough analysis of technical indicators, pointing towards a potential growth of up to 6%. Let’s explore these promising opportunities together!
Apologies for the Delay
Welcome back, traders! I must apologize for the slight delay in updating this list due to some personal reasons. As we move into the second week of June 2024, we’re excited to present our top stock picks for short-term swing trading. Our recommendations are based on a thorough analysis of technical indicators, pointing towards a potential growth of up to 6%. Let’s explore these promising opportunities together!
Market Overview
The second week of June brings a blend of market optimism and cautious sentiment. With various sectors showing resilience and positive economic indicators, it’s a prime time for short-term traders to seize market movements. Remember, effective risk management and setting stop-loss orders are crucial to safeguarding your investments.
Top Stock Picks for This Week
Our stock selections for this week have been meticulously analyzed for their potential to achieve significant short-term gains. Here are our top picks, along with their suggested stop-loss levels to help you manage your trades effectively:
| STOCK | PRICE AT WHICH WE BUY | STOP LOSS |
| ABBOTINDIA | 28000 | 25588.5 |
| APOLLOTYRE | 486.6 | 429 |
| BAJAJHLDNG 8415.05 7659.9 | 8415.05 | 7659.9 |
| BIRLAMONEY | 158.45 | 116.2 |
| CREST | 386.15 | 323.05 |
| DODLA | 980.7 | 821.2 |
| INDSWFTLAB | 116.3 | 103.3 |
| LATENTVIEW | 518.05 | 464.95 |
| MAXHEALTH | 840.65 | 747.25 |
| ORIENTHOT 141.35 128 | 141.35 | 128 |
| REDINGTON | 211.4 | 196.25 |
| RHL | 187.05 | 165.95 |
| SEAMECLTD | 1108.05 | 970.6 |
| SPLPETRO | 714.9 | 623.8 |
| TATACONSUM | 1160.05 | 1028.85 |
| TATAMTRDVR | 653.95 | 560.3 |
| TCS | 3915.05 | 3591.45 |
| TFCILTD | 178.6 | 150.75 |
| TIINDIA | 3955.45 | 3515 |
Conclusion
Swing trading offers exciting opportunities in the stock market, especially when informed by diligent analysis and risk management. This week’s stock picks are designed to maximize gains while keeping risks in check. Stay disciplined, set your stop-loss orders, and happy trading!
Stay Updated
Keep following our blog for the latest updates, trading tips, and stock recommendations. Your journey to profitable trading continues here!